OK Regulator: Quake Increase a "Game Changer"
From June 17 to 24, there have been 35 earthquakes of magnitude 3.0 or greater in the state, according to the Oklahoma Geological Survey. Particularly worrying for regulators, some of the recent quakes occurred in the Oklahoma City metropolitan area, where there are no high-volume wastewater injection wells. The spike in quakes comes roughly two months after new rules governing the disposal of briny wastewater from drilling took full effect.
Oklahoma to Overturn Local Drilling Controls
Facing a backlash over the side effects of its oil and gas boom, Oklahoma is poised to overturn an 80-year-old statute that allows cities and towns to ban drilling operations within their borders. The legislation, now being finalised, would help insulate energy companies from local movements that have grown in response to the rapid expansion of oil and gas drilling and a dramatic spike in earthquakes across the central state.
Borets Expands US Team
Borets, a global company in the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has added several sales and marketing professionals to its Texas and Oklahoma offices. Cheri Vetter has been named business development manager in Houston; Stan Herl, U.S. sales manager, in Oklahoma City; Chad Hamilton, district manager, in Kilgore, Texas; and Jim Bacon, senior adviser technical support, in Tulsa, Oklahoma.
Howard Thill Joins Devon to Succeed White
Howard Thill has joined Devon Energy Corporation as senior vice president, communications and investor relations.He has joined the company to fill the position created by the retirement of Vince White, senior vice president, communications and investor relations. The company announced yesterday the retirement of Vince White who is scheduled to retire August 8, 2014. “Howard brings to Devon deep knowledge borne of extensive and varied experience in our industry,” John Richels, Devon’s president and chief executive officer said.
